A mortgage has the terms shown below: Balloon mortgage
$300,000
25/5 balloon
6% annual rate
Initial Monthly Payment: $1932.90
What is the amount of the balloon payment rounded to the nearest dollar?

It is 2957272949283 rounded to the neared tenth of the number you out into the question

Abit confused about what you mean, but i think you might be referring to slope intercept form: y = mx + bin that case b, or the y intercept is already given.(0,-1)find the slope by using the formulay2 - y1/x2 - x1the final slope will be 4/2, equivalent to 2.now your equation should look like thisy = 4/2x -1sorry if this didn’t you out!